Economic Bakhtar News Agency is the official state news agency of the Afghan government, based in Kabul. The agency is a major source of news for all media in Afghanistan, gathering domestic and international news and providing information to outlets. http://www.bakhtarnews.com.af Sat, 29 Apr 2017 21:14:56 +0000 Joomla! 1.5 - Open Source Content Management en-gb The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/28393-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/28393-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Wednesday, April 26, 2017

Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            67/65 afgs                           
One Pound Sterling                              86 /10afgs                         
One Euro                                              73/60afgs                        
One Emirate’s Dirham                         18/40afgs                          
One Thousand Pakistani Rupees          635afgs                        
One Thousand Indian Rupees               1040 afgs             
One Thousand Iranian Rupees              17/80 afgs                       
 

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Economic Wed, 26 Apr 2017 11:39:00 +0000
NPC Approves Five Contracts Worth 5.5 Billion AFG http://www.bakhtarnews.com.af/eng/business/item/28371-npc-approves-five-contracts-worth-55-billion-afg.html http://www.bakhtarnews.com.af/eng/business/item/28371-npc-approves-five-contracts-worth-55-billion-afg.html NPC Approves Five Contracts Worth 5.5 Billion AFG

Kabul (BNA) Presided over by President Mohammad Ashraf Ghani, the national procurement commission’s session was held Sunday evening in which five contracts worth 5.5 billion AFG were approved.

Contract for providing fuel to chief executive and general attorney offices, feasibility study and master plan for development central and trading areas in 1st PD of Kabul city relating to Capital Region Independent Development Authority (CRIDA), Kunduz and Takhar’s Archi and Shahrawan canals reconstruction project relating to ministry of water and energy and required foodstuffs contract for directorates of orphanages and kindergartens relating to ministry of labor, social affairs, martyrs and disabled.  National procurement commission rejected construction project of Asan Khedmat Authority’s building relating to ministry of finance and it was decided that the project should be put for bidding again.

In the session, related project to CRIDA was discussed and was approved by the commission for significance of the project.

After overall discussions in connection with project of ministry of water and energy, it was decided that the previous contractor who was committed to violation should soon be introduced to national procurement commission’s office in order to be deprived of the contract.

The session also discussed third phase of Kamal Khan dam project and asserted that work on the project was key based on current circumstances.

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Economic Tue, 25 Apr 2017 13:22:08 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/28365-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/28365-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Monday, April 24, 2017

Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            67/60 afgs                           
One Pound Sterling                              86 afgs                         
One Euro                                              72/90afgs                        
One Emirate’s Dirham                         18/35afgs                          
One Thousand Pakistani Rupees          634afgs                        
One Thousand Indian Rupees               1030 afgs             
One Thousand Iranian Rupees              17/90 afgs                       
 

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Economic Mon, 24 Apr 2017 04:12:00 +0000
Minister Hakimi Discusses Afghanistan Investment Opportunities with WB Vice Presidents, MIGA Chief Operating Officer http://www.bakhtarnews.com.af/eng/business/item/28358-minister-hakimi-discusses-afghanistan-investment-opportunities-with-wb-vice-presidents-miga-chief-operating-officer.html http://www.bakhtarnews.com.af/eng/business/item/28358-minister-hakimi-discusses-afghanistan-investment-opportunities-with-wb-vice-presidents-miga-chief-operating-officer.html Minister Hakimi Discusses Afghanistan Investment Opportunities with WB Vice Presidents, MIGA Chief Operating Officer

Monday, April 24, 2017
Kabul (BNA)  On the sidelines of World Bank Group/ IMF spring meeting 2017 in Washington D.C, Eklil Hakimi, Minister of Finance had a meeting with Annette Dixon, the World Bank South Asia region Vice President and discussed civil service reform and institutional assessment to improve service delivery, PPP projects preparation and implementation in Afghanistan, energy projects such as solar power projects, reintegration of refugees and returnees and World Bank support to improving project design and implementation.
He also sought the VP’s support in making a case for greater grants to Afghanistan from IDA-18 given Afghanistan’s fragile and conflict affected context.
In another meeting with the World Bank’s Vice President Growth, Minister Hakimi discussed the importance of conditioned aid to drive not only reforms, but also to provide the government with discretionary financing for crucial development priorities. He welcomed VP’s upcoming visit to Afghanistan to engage with the government and other development partners on institutional reforms and effective aid delivery mechanisms.
Minister Hakimi also had a separate meeting with Multilateral Investment Guarantee Agency’s (MIGA) Chief Operating Officer and discussed investment guarantee to attract foreign direct investment (FDI) in Afghanistan. He stressed on the importance of educating stakeholders on how MIGA guarantees work and invited them to Kabul and engages with not only government but also the private sector on MIGA guarantees.

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Economic Mon, 24 Apr 2017 04:08:00 +0000
Japan to Provide over $3. 6 Million for ‘Economic and Social Development Program’ in Afghanistan http://www.bakhtarnews.com.af/eng/business/item/28359-japan-to-provide-over-$3-6-million-for-‘economic-and-social-development-program’-in-afghanistan.html http://www.bakhtarnews.com.af/eng/business/item/28359-japan-to-provide-over-$3-6-million-for-‘economic-and-social-development-program’-in-afghanistan.html

Monday, April 24, 2017
Kabul (BNA)  The Government of Japan decided to provide JPY 400 million (equivalent to over $3.6 million) for the Economic and Social Development Program in Afghanistan, Japanese embassy said in a statement on Sunday.
According to the statement, the exchange of note for this program signed yesterday between Mitsuji Suzuka, Ambassador Extraordinary and Plenipotentiary of Japan to Afghanistan and Mr. Hekmat Kahlil Karzai, Acting Minister of Foreign Affairs of the Islamic Republic of Afghanistan.
This contribution from the Government of Japan will enable the Government of Afghanistan to purchase the necessary items, such as fuels and other materials in order to enhance the economic and social development process in the Islamic Republic of Afghanistan on regular bases. These items will be sold by the Government of Afghanistan at the satisfactory price to the domestic market, the statement added.
This unique scheme requests the Government of Afghanistan to save a certain portion of the revenue in “Counterpart Fund Account” and it will utilized for development projects under the close consultation with the Embassy of Japan in Afghanistan.
In this occasion, Hekmat Kahlil Karzai thanked and appreciated the generous support of Japan to the Government and the people of Afghanistan and said:
Japan has provided support to Afghanistan in the sector of Police Reform, Counter Narcotics, Education, police training, DDR, Demining, assistance to refugees and internal displaced people, social development, vocational training, agriculture, rural development, protection and maintenance of ancient heritage of Bamyan province are the other important sectors that Japan has contributed through UNESCO with the cooperation of Tokyo National Research and Cultural Institute.
Mitsuji Suzuka, Ambassador Extraordinary and Plenipotentiary of Japan to Afghanistan said: “As friend of Afghanistan, we hope sincerely for the self- reliance and development of Afghanistan. It is important that we continue keeping a friendly relationship. We hope this Program is appropriately used effectively through human resources development, humanitarian assistance, infrastructure and technical cooperation for economic aid and further development in Afghanistan.”
Japan has been assisting Afghanistan’s nation- building efforts in various fields ranging from security to economic and social development sectors including, health, agriculture, infrastructure, rural development and human capacity development. The cumulative Japanese assistance to Afghanistan since 2001 amounts to $6.4 billion.

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Economic Mon, 24 Apr 2017 04:05:00 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/28352-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/28352-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Sunday, April 23, 2017
Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                           67/60 afgs                           
One Pound Sterling                              86 afgs                         
One Euro                                            72/20afgs                        
One Emirate’s Dirham                         18/35afgs                          
One Thousand Pakistani Rupees          634afgs                        
One Thousand Indian Rupees               1025 afgs             
One Thousand Iranian Rupees              17/80 afgs                       

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Economic Sun, 23 Apr 2017 04:43:00 +0000
WB Praises Afghan Govt.’s Women Empowerment Programs http://www.bakhtarnews.com.af/eng/business/item/28341-wb-praises-afghan-govt’s-women-empowerment-programs.html http://www.bakhtarnews.com.af/eng/business/item/28341-wb-praises-afghan-govt’s-women-empowerment-programs.html

Sunday, April 23, 2017
Kabul (BNA) Eklil Hakimi, Minister of Finance met Kristalina Georgieva, the World Bank Chief Executive Officer, on the sidelines of the World Bank Group/IMF Spring Meetings on April 21, 2017 in Washington D.C., a statement from the ministry said yesterday.
During discussion over the World Bank’s continued assistance, the minister requested the Bank for increased funding to be allocated to Afghanistan from 18 resources of IDA ,given the needs of the country and significance of support to reintegration of refugees and returnees particularly from the neighboring countries, increased presence of the World Bank on the ground to address key challenges in private sector development , employment and collaboration between the World Bank and the AIIB (Afghanistan Infrastructure Investment Bank) on the joint projects implementation approach in Afghanistan, the statement added.
In a separate meeting with USAID acting administrator, Minister Hakimi also discussed follow up issues of visit of the United States National Security Adviser to Afghanistan, H.R. McMaster, aid effectiveness issues including channeling more discretionary funds via on- budget mechanism and USAID’s support to elections including introduction of technology that would trigger transparency in the election process.
The World Bank CEO reiterated the Bank’s commitment to support Afghanistan and commended the Afghan government on design of the Women’s Economic Empowerment program, the statement concluded.
According to another report, Eklil Hakimi, Minister of Finance met Senator Mohammad Ishaq Dar, Pakistan’s Federal Minister of Finance on 21 April 2017 in Washington D.C.
Both sides discussed bilateral economic and development issues; further cooperation on joint economic cooperation projects in power and transport sectors including the Kunar River Dam, railway and road infrastructure projects.
Minister Hakimi also invited his counterpart to Kabul for a visit on the Joint Economic Commission between the two countries, the statement added.

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Economic Sun, 23 Apr 2017 04:34:00 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/28338-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/28338-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Saturday, April 22, 2017
Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            67/60 afgs                           
One Pound Sterling                              86 afgs                         
One Euro                                              72/20afgs                        
One Emirate’s Dirham                         18afgs                          
One Thousand Pakistani Rupees          633afgs                        
One Thousand Indian Rupees               1025 afgs             
One Thousand Iranian Rupees              18/17 afgs                  

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Economic Sat, 22 Apr 2017 05:09:00 +0000
The Exchange Rate of Afghan Currency Against Foreign Currencies http://www.bakhtarnews.com.af/eng/business/item/28323-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html http://www.bakhtarnews.com.af/eng/business/item/28323-the-exchange-rate-of-afghan-currency-against-foreign-currencies.html The Exchange Rate of Afghan Currency Against Foreign Currencies

Wednesday, April 19, 2017
Kabul (BNA) Based on Khan Mohammad Baz’ head of currency exchangers in Kabul, Shahzada market report the exchange rate of Afghani as a follow:
                                                                                   
One Dollar                                            67/70 afgs                           
One Pound Sterling                              86/10 afgs                         
One Euro                                              72/30afgs                        
One Emirate’s Dirham                         18/40 afgs                          
One Thousand Pakistani Rupees          634afgs                        
One Thousand Indian Rupees               1025 afgs             
One Thousand Iranian Rupees              17/90 afgs                       

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Economic Wed, 19 Apr 2017 08:06:00 +0000
NPC Approves 16 Contracts Worth 11.2 Billion Afghanis http://www.bakhtarnews.com.af/eng/business/item/28302-npc-approves-16-contracts-worth-112-billion-afghanis.html http://www.bakhtarnews.com.af/eng/business/item/28302-npc-approves-16-contracts-worth-112-billion-afghanis.html NPC Approves 16 Contracts Worth 11.2 Billion Afghanis

Tuesday, April 18, 2017
Kabul (BNA)   The National Procurement Commission with President Mohammad Ashraf Ghani on the chair approved 16 contracts worth 11.2 billion Afghanis during a session attended by the second vice president here on Sunday, a presidential statement said.
According to the statement the contracts include, consultative project for construction of National Procumbent Institute, connection of 16 universities to Internet services, strengthening of healthcare systems and provision of 15 mobile teams to address healthcare issues of the Nomads, purchasing of 25 vehicles for transportation purposes of the universities’ students, provision of 26 food items for Ministry of Interior, amendment of the contract for construction of water supply network for Chaharburjak district of Zaranj city, the capital of Nimroz province, amendment item of increasing the price of the Silo road project related to Kabul municipality, consultative managerial contract for IRDP project as well as provision of 30 hydraulic stations for the directorate of coordination of Ministry of Water and Energy, purchasing of 493 medicines, 28 items of foodstuffs and 273 items building materials for the directorate of security of the president, purchasing of 13 vehicles for the administrative office of the president, contract on offering consultative and control services project of Dara-e-Suf road related to Ministry of Public Works, correction of the type of the contracts related to teaching hospital of the Ministry of Higher Education and amendment in contract of foodstuffs for Ministry of Defense.
NPC brought back the contract on construction of Mehtarlam Baba and 23.7 KM Dueshi-Bamyan roads related to Ministry of Public Works due to technical problems. The commission also emphasized on quality of the foodstuffs related to Ministry of Interior, asking the ministry to submit monthly report on the said project to the National Procurement Authority. The meeting was also seated by Chief Executive Dr. Abdullah Abdullah, Ministers of Finance, Economy and Justice, officials of NPA, as well as transparency observers from SIGAR, Financial and Budgetary Commissions of the national assembly, Parliamentary Anti-Corruption Caucus and CSTC-A of the Resolute Support Mission.

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Economic Tue, 18 Apr 2017 09:06:10 +0000